Munich stadium CEO unlikely to face probe

22nd March 2004, Comments 0 comments

22 March 2004, MUNICH - Fritz Scherer, one of two CEO's of the company running Munich's World Cup stadium, will not face criminal investigations in connection with the construction of the arena, local prosecutors said on Monday. Der Spiegel news magazine reported in its latest issue published on Monday that two companies bidding for a contract to furnish the stadium lounges were linked to Scherer's wife. But prosecutor Christian Schmidt-Sommerfeldt said that business links as such were not an offence. "I d

22 March 2004

MUNICH - Fritz Scherer, one of two CEO's of the company running Munich's World Cup stadium, will not face criminal investigations in connection with the construction of the arena, local prosecutors said on Monday.

Der Spiegel news magazine reported in its latest issue published on Monday that two companies bidding for a contract to furnish the stadium lounges were linked to Scherer's wife.

But prosecutor Christian Schmidt-Sommerfeldt said that business links as such were not an offence.

"I don't believe that we will investigate the report," said Schmidt-Sommerfeldt.

Scherer, a former Bayern Munich president, furiously protested his innocence in an interview with the Abendzeitung daily, naming the reports "unbelievable allegations".

Scherer will step down as CEO of the stadium company on 1 April for health reasons.

The report comes two weeks after the other stadium CEO, Karl-Heinz Wildmoser, the son of now resigned 1860 Munich president Karl-heinz Wildmoser sen., was arrested along with his father and two other men in a bribery affair around the construction contract.

Prosecutors alleged that confidential information was given about a tender for the stadium to Austrian company Alpine that was then awarded the EUR 280 million contract.

Alpine said it paid EUR 1.4 million to a friend of Wildmoser jun., but said that the payments were no criminal offence.

The World Cup stadium, the Allianz Arena, is being jointly built by Bayern and 1860 Munich. It will host the opening match on 9 June 2006, as well as five further games at the World Cup.

DPA

Subject. German news 

 

 

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